MRGR vs. KRE ETF Comparison
Comparison of ProShares Merger ETF (MRGR) to SPDR S&P Regional Banking ETF (KRE)
MRGR
ProShares Merger ETF
MRGR Description
The investment seeks investment results, before fees and expenses, that track the performance of the S&P Merger Arbitrage Index (the "index"). The fund is designed to track the performance of the index and provide exposure to a global merger arbitrage strategy. The index, and by extension the fund, seeks to produce consistent, positive returns in virtually all market environments, although there are no assurances it will achieve this result. The fund is non-diversified. The index seeks to provide a risk arbitrage strategy that exploits commonly observed price changes associated with a global selection of publicly announced mergers, acquisitions and other corporate reorganizations. Historically, the index has exhibited market neutral characteristics, lower volatility compared to the S&P 500, and a low correlation to S&P 500 returns.
Grade (RS Rating)
Last Trade
$42.22
Average Daily Volume
811
29
KRE
SPDR S&P Regional Banking ETF
KRE Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the regional banking segment of the U.S. banking industry. In seeking to track the performance of the S&P Regional Banks Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the regional banks industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$67.79
Average Daily Volume
14,327,645
140
Performance
Period | MRGR | KRE |
---|---|---|
30 Days | 0.41% | 15.58% |
60 Days | 1.07% | 19.24% |
90 Days | 2.14% | 18.21% |
12 Months | 7.71% | 57.72% |
MRGR Overweight 26 Positions Relative to KRE
Symbol | Grade | Weight | |
---|---|---|---|
DFS | B | 3.14% | |
EDR | A | 2.53% | |
INFN | C | 2.5% | |
LBPH | A | 2.43% | |
EVRI | A | 2.42% | |
NAPA | B | 2.42% | |
B | B | 2.41% | |
SMAR | A | 2.41% | |
ROIC | A | 2.41% | |
ALTR | B | 2.4% | |
ATSG | B | 2.4% | |
ZUO | B | 2.39% | |
K | A | 2.37% | |
RCM | F | 2.37% | |
ENV | B | 2.37% | |
CDMO | B | 2.36% | |
ANSS | B | 2.32% | |
ALE | A | 2.31% | |
HCP | B | 2.3% | |
MRO | B | 2.28% | |
LBRDK | C | 2.25% | |
CTLT | B | 2.2% | |
JNPR | F | 2.14% | |
SPR | D | 2.11% | |
CHX | C | 1.8% | |
RVNC | F | 1.42% |
MRGR Underweight 137 Positions Relative to KRE
Symbol | Grade | Weight | |
---|---|---|---|
MTB | A | -5.01% | |
HBAN | A | -4.87% | |
RF | A | -4.72% | |
CFG | B | -4.57% | |
TFC | A | -4.4% | |
FHN | A | -3.88% | |
ZION | B | -3.08% | |
WBS | A | -2.45% | |
SNV | B | -2.3% | |
OZK | B | -2.28% | |
WAL | B | -2.26% | |
EWBC | A | -2.09% | |
COLB | A | -1.86% | |
CFR | B | -1.86% | |
SSB | B | -1.59% | |
PNFP | B | -1.58% | |
VLY | B | -1.5% | |
CADE | B | -1.48% | |
AX | A | -1.45% | |
WTFC | A | -1.44% | |
UMBF | B | -1.34% | |
PB | A | -1.31% | |
ONB | B | -1.16% | |
FNB | A | -1.15% | |
CBSH | A | -1.14% | |
BPOP | B | -1.1% | |
ASB | B | -1.05% | |
TBBK | B | -0.95% | |
BANC | A | -0.93% | |
HWC | B | -0.89% | |
FULT | A | -0.86% | |
TCBI | B | -0.86% | |
GBCI | B | -0.85% | |
BKU | A | -0.84% | |
HOMB | A | -0.79% | |
FFIN | B | -0.78% | |
CUBI | C | -0.77% | |
BOH | B | -0.75% | |
FBP | B | -0.69% | |
ABCB | B | -0.65% | |
UBSI | B | -0.62% | |
FIBK | A | -0.59% | |
AUB | B | -0.55% | |
EBC | B | -0.55% | |
PFS | B | -0.54% | |
CVBF | A | -0.54% | |
CBU | B | -0.53% | |
CATY | B | -0.52% | |
INDB | B | -0.52% | |
BOKF | B | -0.5% | |
SFBS | B | -0.48% | |
UCB | A | -0.48% | |
FHB | A | -0.47% | |
IBOC | A | -0.47% | |
WAFD | B | -0.45% | |
RNST | B | -0.44% | |
WSFS | A | -0.43% | |
PPBI | B | -0.42% | |
TFIN | A | -0.42% | |
BANR | B | -0.4% | |
SBCF | A | -0.39% | |
CASH | A | -0.38% | |
NBHC | B | -0.36% | |
SFNC | B | -0.34% | |
TRMK | B | -0.33% | |
FFBC | A | -0.33% | |
HTH | B | -0.31% | |
FRME | B | -0.3% | |
OFG | B | -0.29% | |
VBTX | B | -0.28% | |
PRK | B | -0.28% | |
NWBI | B | -0.28% | |
FCF | A | -0.28% | |
HOPE | B | -0.27% | |
BHLB | B | -0.26% | |
EGBN | B | -0.25% | |
NBTB | B | -0.25% | |
WSBC | A | -0.24% | |
TOWN | B | -0.24% | |
LKFN | B | -0.24% | |
BANF | B | -0.24% | |
FBMS | B | -0.23% | |
LOB | B | -0.22% | |
EFSC | B | -0.21% | |
FBK | B | -0.21% | |
CHCO | B | -0.2% | |
PFBC | B | -0.2% | |
FBNC | A | -0.2% | |
WABC | B | -0.19% | |
OCFC | B | -0.19% | |
BRKL | B | -0.19% | |
DCOM | A | -0.19% | |
QCRH | A | -0.18% | |
MCB | B | -0.16% | |
PFC | A | -0.16% | |
STBA | B | -0.16% | |
CPF | A | -0.15% | |
HAFC | A | -0.15% | |
TCBK | B | -0.15% | |
AMAL | B | -0.15% | |
SYBT | B | -0.15% | |
CFFN | B | -0.15% | |
FFWM | C | -0.14% | |
HFWA | B | -0.14% | |
BUSE | B | -0.14% | |
SRCE | B | -0.14% | |
NIC | B | -0.13% | |
PEBO | A | -0.13% | |
CFB | B | -0.13% | |
HTBK | A | -0.13% | |
NFBK | B | -0.13% | |
BY | B | -0.13% | |
OSBC | A | -0.13% | |
CNOB | B | -0.12% | |
IBCP | B | -0.12% | |
TMP | B | -0.12% | |
CCB | A | -0.11% | |
KRNY | B | -0.11% | |
TFSL | A | -0.11% | |
SBSI | B | -0.11% | |
HIFS | B | -0.1% | |
OBK | B | -0.1% | |
WASH | C | -0.1% | |
PGC | C | -0.1% | |
FFIC | B | -0.09% | |
AMTB | B | -0.09% | |
MBWM | B | -0.09% | |
UVSP | B | -0.08% | |
CTBI | B | -0.08% | |
TRST | A | -0.08% | |
HBNC | B | -0.07% | |
THFF | B | -0.06% | |
CAC | B | -0.06% | |
MSBI | B | -0.06% | |
GSBC | B | -0.05% | |
CLBK | B | -0.04% | |
HONE | B | -0.04% |
MRGR: Top Represented Industries & Keywords
KRE: Top Represented Industries & Keywords